tv Documentary RT January 3, 2021 1:30am-2:01am EST
1:30 am
after this property it's considered trespassing did you ever think that this word could become 50 percent of your business no never would have the lives of. us i found in the model farms our world your ideology was not right. now to. jar opener everyone needs one of those. snatched. the team. from the living room.
1:31 am
i was 18 counting the counter. he count this to feed here. i've been doing real estate with him since now that was 2 so that's 16 years. after the l.a. times article in the nightline piece all bad i remember us being just completely crazy busy i mean as great as it was it was such a blur. it was a blur. you think when i said where you think that i don't know all those details i'm just saying blur meaning it was a blur time of my life well let me add some color because i remember the i'm sure. the blog was running i don't want to talk about those tales. because of our
1:32 am
connection to countrywide. police they had just applied to be one of the. december 2000 and. 900 square feet right across the street from the freeway one. so we call it retro water heater a vintage. lovely. you. are watching this video and your realtor. i represented the buyer when they hit a 1000000. i want to put you my tie down and grab your shingle. right now and you don't deserve to be licensed december 2006.
1:33 am
if you want. to get fired. i'm jim. there's a lot of trust marketplace on value could this be just a value bubble where people just keep paying these crazy prices a lot more than they used to just literally a year ago just because they want to get a house there really isn't the evidence to help support them that i can say oh for sure it's worth. there's really i think some valid concern about valuations when the proof is so thin. it's always been a problem in this industry there is. just one way to determine what some is worth is look what other people paid off the other people were crazy. they were hoping to get to. $1000000.00 for these appear you can see they built
1:34 am
a game full of them and gave up and those are $5.60 square foot alice. everyone was going by the montra get in or you might get priced out forever because up to that point no one had seen any previous downturn just wasn't in the camera larry and nobody clipping realtors ever really thought a party is never going to end. i mean the thing about this is this is kind of i used to bill i was the engineer it would design and layout build this stuff. i would work on these
1:35 am
big development projects sees would come to us we want this done we gone build it and i sincerely believe that the work i was doing was building a great america. but then i started to ask some questions about what comes next. after we build something how do we take care of it what's the cash flow that makes this all work i started to look at developments that i had worked on or near run some larger math problems. for example developer would come in to build the road the developer paid all the costs to build it people have been paying their taxes and the idea was they pay their taxes and then the government would fix this road. the cost was $3.00 and $54000.00 to fix that road we asked the question ok based on the taxes the cities collecting from these people how long is going to take them to me to get the money they just spent. the answer 79 years. as an engineer i knew that road was going to last 22. revive years this doesn't
1:36 am
make any sense. the growth creates what we call the illusion of wealth if you lose money on every transaction you don't make it up in volume. where we act today. we were like way out here. you can look at the run up to the housing crash as a prime example everybody felt like well we're doing ok because you know yeah i made $12000.00 housing payments but my house went up by 40000 i cashed out the difference i'm doing fine here's subtly skirting around the core problem which is that the underlying economy does not work. in 2000 we had 1100 census tracks in this country that year could classify as persistent poverty in 2010 it went from 1100 census tracks to 3300 census tracks 3 times the american geography is now in persistent poverty. our places don't work they're just designed
1:37 am
to decline. if you don't know what was lost. you don't look at the place and see like this is decline. 143 if you're 10 years 20 years 30 years older than me all you see is wounds. and so it's really hard for you to get your mind out of that and actually see how this could be a better place. now we have it all off guard and so we've made it right i don't know maybe the middle east is heartbreaking the midwest is heartbreaking of all the places this is one of the last ones i live in but it's home and i you know there's a part of me that loves it too like i look at it and i'm like i want to help this place i want to make it better i'm moving a little google street if you go yeah. that was that is. after another.
1:38 am
i'm educated enough to to know that i shouldn't talk about some things because i i realize how ignorant i am i mean i grew up in a city that is 99 percent white and probably still is very close to that. but when you start to get a mixing of people in a community the other start to move in whether the other is someone of a different race or someone of a different social class i think excite colleges that there's a natural human tendency to circle the wagons and what zoning did is a good like this really wonderful tool to be able to write in a more camouflaged kind of racist way we don't want those people here. i think the irony today is that it's also now trapped for white people their mechanics say is you go to i didn't they did i was for new break the last. what is in other.
1:39 am
words you know things are. going to fix my refrigerator. you know cream abdul-jabbar said the hyper problem we had today is less race than it is poverty and i think he was exactly right i mean there's a racial element to it but. middle class whites will sacrifice poor whites too there's no racial loyalty they're going to kick them to the curb. been able to travel around the country to experience different communities it's the same it's the same thing. so you see across the rust belt and you see across rural america people struggling and those struggles are kind of shared struggles with people in urban areas that have long. left behind. when you find that you can no longer get
1:40 am
the mortgage we can no longer cash out the equity when you can no longer get a car loan for the new car your world changes and your experience changes and america becomes like a really cruel place. for starting to see more and more that is a mainstream experience how are you going to. win even the mission here and nobody else can meet all even. if. you can create a social contract and make tons of promises we now live in the day when those promises are coming to you. and that's not a left or right thing. kind of transcends left and right because neither side understands that they both want to go back to what they were. it didn't work.
1:41 am
this is nothing like football. it's not a money spinner but it is expensive. and it's dangerous. this is speedway. and they have no brakes it's a. script that does some. join me every thursday on the alex salmond show and i'll be speaking to guest of the world of politics sports this list i'm showbusiness i'll see of that.
1:42 am
1:43 am
i need to look. at that site and study to get a clue to do just to change my slate. but it seems to me i'm. completely misguided in beginning to believe that just with this new look like a loser well that i don't feel pretty chilled or is certainly a choice to be out there but it will show you so much to be able to. talk a little girl out of this thread through should do coke with full attention you. point a few there beautiful and hear them mostly when they're. you know would be mean. to put so that the new. blood. around dish to their hair for. gas to jam just. be asleep when you're in the morning with your the longest lost listening to your call i just stuck i don't know what you just thought also like the speech of your pride you
1:44 am
1:45 am
not only this but they are both. that. we will build together port coming to when we build it it will be ours for coming to. the heart of a new world headquarters for under armor an opportunity for all of baltimore. mislead the. baltimore city council put the stamp of approval on the $660000000.00 for the forthcoming project. to see affordable housing jobs in exchange for the investments are intended to have a mixed income community their definition of affordable housing is affordable to families making about $70000.00 per year so we're saying is just can't build a community with people who are this. is not.
1:46 am
only. those neighborhoods to the quality. in favor. and he. remembers you're creating structural disability in our national marriage. but we creating structural advantage in our white. desks where we are today. it was until i got older and start to understand in. politics i love him more and at the same time i started getting really big and black history and about the things that america had done to us because chavez stepped on a c.b.s. news desk tech will be readily recognize that is right but we don't recognize what. we already know as putting people in environments
1:47 am
where they don't have. a desk. in baltimore city. i was sitting here in my this watch ing the police when the children interact on the day of april 27th 2015. the children were thorax the police door rocks back at the children in a vision the police you know they're shooting were bullets and they deployed tear gas and at the moment they deplore that teargas i'm sitting here and i feel like this weight come right on my chest and i'm like i can't breathe i can watch it anymore because i knew it was causing some sort of physiological reaction in my body. it really was a. powerful political turning point because everybody when overdraft or food everybody went into throwing themselves into activism in nonprofit work and voluntourism. so this is let's.
1:48 am
talk about here so that's. this. agreement area to me that small section of a neighborhood is everything because it's a certain level of pain you've got to go through to be really from baltimore and when you really from a neighborhood that has a reputation you get was known as a stand. my little you know. it's only thing for the last 2 digits. so it's really. you know to be connected to a neighborhood. but people outside of street don't understand all of this stuff is
1:49 am
about legacy. you don't really know where we come from we don't know our families so. you put you all into a band. is really the only industry that we run we think we were going to say so from the kids grow up on your name what is your name what kind of name you want to leave for your children. as a for that's a name my father left for me i could go anywhere i want to is bottom line i have a problem because all my followers but because i'm not history do but i still carry those morals i got a. block in a city. block i'm trying to tell you my help a lot of people just by giving them places to stay and what i know how to do. i know too much about real estate to get them into these homes would be my legacy as . it was only families.
1:50 am
who. have seen some of my shoe. anyways you see. from when i was young to name something that's not even to me and it's dangerous and you. can speak and. in the end i think. you know said they need me to get again. people who've been here and have been. beaten up anti-life so much that. you've got to be manic. to me kind of manifesting itself into hate so when you turn to the to display your anger. it goes way beyond anybody to think. the 3.
1:52 am
someone to stop it right here i just wanted you to see this piece 1st but i want to do something else and i'm too. young man was poking a water hose most a pocket knife. wow i want you to know that right there. right damn. it 21 we know this. too is $25.00. and he was trying to give me more time than i had been on earth. he was scary but it was eerily familiar because it felt like no matter what i accomplished in my life being the 1st person to go to college graduate school i felt like i was supposed to be there it's kind of hard for you to. take this stuff that we see here and translate it into the humanity of it as a person. a 1000000. i got
1:53 am
a $1000000.00 in restitution. $100.00 and that is $10000.00 less anybody i know anybody who had to live $10000.00 less and that can lead a city to my recitation pay. while he. can't unilaterally you said he said it sort of presentation today these are the struggles that don't make the news these are the differences there make. people like myself turn off from everybody. you know what i mean because everybody has a share. when people make the claim of you know why would people burn down their own neighborhood but then you sort of glib statement to sort of gloss over the fate that news labor has don't have this need to begin with. the one with the burn down their own community i mean it really isn't a community that they've been able to have ownership in. don't
1:54 am
push me cause close to the black community employers so that is it and i think that is sort of why we see some of the prism you see. happening may begin to understand that black lives matter but black lives don't matter if black neighborhoods don't matter. i came back yes subsequently when i was a police officer. and it was all bricked up all the windows to doors. choice property now. gentrified you know gentrification i suppose on one hand is a good thing because it cleans up the neighborhood it makes it nice but my heart goes out to the people who once lived here who got moved down because when those poor people go you know they were forced out in neighborhood their homes are gone. if we as
1:55 am
a country don't pay attention to. to places where people the homes that people. will continue to go in circles and that really get to the root problem. when you look at a rain forest. you're seeing a very complex ecosystem. not only do you have these massive trees but you have all the understory all the animals every day leaf has its own individual ecosystem so when you add up all that you have this massive massive complex and if. you compare that to say a cornfield. you have one species of plant a completely monoculture. and what you see is a very efficient undertaking a lot of corn in a very small space but you certainly don't have the complexity and the ability to thrive that i write for stuff. so what we did is we switch cities from
1:56 am
being complex systems to corn. you look back in history and the way humans evolved along with the city. and what you see is that messiness that friction that rubbing up against other people is an essential component. and there was a certain discomfort that went along with that there was also a social dimension to it that we've just completely lost. this pattern of development has allowed us to. intentionally enrich the pain and the hurt in the needs that colin in all our places.
1:58 am
1:59 am
an american. we do everything in our power to protect the. want of the escaping climate change poses the same threat right now alaska does seem some of the fuss just coastal erosion in the world we lost about 30 feet. 35 feet of ground in just about 3 months while we were measuring. is back in the teens the river is 35 closer than how. was. i don't think we're part of america 1st from. bottom to max kaiser financial survival guide. looking closer to year that's without. yanks this is what happens to pensions in britain.
2:00 am
you watch kaiser report. they are moscow time in the headlines head of the 18 year anniversary of washington assassinating iran's top general u.s. strategic bombers fly over the region and to round votes revenge for his killing. making news that we just go on the u.s. suffers a post holiday coronavirus surge with cities like los angeles already out of intensive care beds one l.a. nurse spoke to us tells us it's not just the wards themselves that are in short supply either we're stuck now we were running low on oxygen and supplies on you know all the respiratory drags definitely bad definitely staff also argentina's president warns a smear campaign and trade war against the sputnik code with the.
48 Views
Uploaded by TV Archive on